by Ramki | May 4, 2009 | Indian Stocks Trading
Tata Steel Ltd in Wave 3?For a while now we have been working under the paradigm that Indian stock markets have bottomed out, and we are in a new bull market. In the case of many stocks this translates into a third wave position at the present time because we have...
by Ramki | Apr 20, 2009 | US Stocks outlook
It is official. ORCL will be buying Sun common stock for $9.50 per share in cash. Here is a quick look at the chart for ORCL from Elliott Wave perspective. Enjoy. Elliott wave analysis of ORCL
by Ramki | Apr 14, 2009 | UK Stocks
Elliott Wave Analysis of Barclays Bank Today the news is Barclays Bank went to a three-month high on market optimism fueled by some nice numbers from US Bank Goldman Sachs. So I decided to take a look at what the charts tell us about Barclays. Like most other big...
by Ramki | Apr 8, 2009 | Indian Stocks Trading
Most of you know that Fibonacci ratio analysis and Elliott Wave analysis go hand in hand. (Beware of the tendency to think that ratio analysis is more important than understanding the personality of the waves that make up a move). In this post, I am going to show you...
by Ramki | Dec 24, 2008 | Indian Stocks Trading
A few days back I mentioned that Rs.324 was an important level for this stock, and a break past that will expose Rs 408. We ran into some good selling around the 324 level, and we are correcting down now. Here is an update, with two charts. DLF
by Ramki | Dec 22, 2008 | Kuwait stocks
Many readers from Kuwait have expressed concern about the stock market there. The Government has promised a rescue of some sort, and traders are eagerly waiting for some State sponsored buying of stocks. Meanwhile, many blue chip stocks are continuing to decline, and...